Diodes Incorporated (DIOD)

Fixed asset turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	US$ in thousands	1,311,120	1,661,740	2,000,580	1,805,160	1,229,220
Property, plant and equipment	US$ in thousands	—	—	736,730	582,079	530,815
Fixed asset turnover		—	—	2.72	3.10	2.32

December 31, 2024 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,311,120K ÷ $—K
= —

Diodes Incorporated's fixed asset turnover has shown a varying trend over the past few years.

- In December 31, 2020, the fixed asset turnover was 2.32, indicating that the company generated $2.32 in sales for every $1 invested in fixed assets for that year.
- By December 31, 2021, the fixed asset turnover improved to 3.10, suggesting that the company became more efficient in utilizing its fixed assets to generate revenue.
- However, in December 31, 2022, the fixed asset turnover slightly decreased to 2.72, indicating a lower efficiency in generating sales relative to fixed assets invested compared to the previous year.
- Unfortunately, there is no data available for December 31, 2023 and December 31, 2024, which limits the ability to analyze the company's fixed asset turnover trend for those years.

Overall, based on the available data, Diodes Incorporated has shown fluctuations in its fixed asset turnover ratio, signifying varying levels of efficiency in utilizing its fixed assets to generate sales. It would be important to monitor future trends in fixed asset turnover to assess the company's operational efficiency and asset utilization strategies.